Could Assured Guaranty LTD. (NYSE:AGO) Change Direction After More Shorts?

April 17, 2018 - By Jason Grubb

Assured Guaranty Ltd. (NYSE:AGO) Logo

Investors sentiment decreased to 0.94 in 2017 Q4. Its down 0.16, from 1.1 in 2017Q3. It dived, as 34 investors sold Assured Guaranty Ltd. shares while 90 reduced holdings. 31 funds opened positions while 85 raised stakes. 108.91 million shares or 1.59% less from 110.68 million shares in 2017Q3 were reported.
Alliancebernstein Lp accumulated 72,177 shares. Renaissance Techs Lc invested in 0.03% or 883,900 shares. Citadel Advsr Lc holds 0% or 155,597 shares. Moreover, Clinton Group Inc has 0.08% invested in Assured Guaranty Ltd. (NYSE:AGO) for 27,267 shares. Reilly Fincl Advisors Limited Com invested in 0% or 130 shares. Lsv Asset Management accumulated 1.12M shares. Burney Communications has 196,831 shares. Deprince Race Zollo accumulated 45,601 shares. 73,976 were accumulated by Diamond Hill Capital Mgmt Incorporated. Schwab Charles Investment Management reported 0.02% stake. Wellington Mngmt Group Inc Limited Liability Partnership invested in 9.48M shares or 0.07% of the stock. Systematic Fincl Management L P has 40,070 shares. Moreover, Etrade Cap Limited Liability has 0.02% invested in Assured Guaranty Ltd. (NYSE:AGO) for 15,522 shares. Hbk Invests Lp holds 0.07% or 217,440 shares. Ontario – Canada-based Mackenzie has invested 0.02% in Assured Guaranty Ltd. (NYSE:AGO).

The stock of Assured Guaranty LTD. (NYSE:AGO) registered an increase of 7.13% in short interest. AGO’s total short interest was 7.07 million shares in April as published by FINRA. Its up 7.13% from 6.60M shares, reported previously. With 1.08 million shares average volume, it will take short sellers 7 days to cover their AGO’s short positions. The short interest to Assured Guaranty LTD.’s float is 6.16%.

The stock increased 0.03% or $0.01 during the last trading session, reaching $37.26. About 257,648 shares traded. Assured Guaranty Ltd. (NYSE:AGO) has declined 1.24% since April 17, 2017 and is downtrending. It has underperformed by 12.79% the S&P500.

Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company has market cap of $4.28 billion. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. It has a 6.25 P/E ratio. The firm insures various debt obligations, including bonds issued by the United States state or municipal governmental authorities; and notes issued to finance infrastructure projects.

Assured Guaranty Ltd. (NYSE:AGO) Ratings Coverage

Among 2 analysts covering Assured Guaranty Ltd (NYSE:AGO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Assured Guaranty Ltd had 2 analyst reports since December 20, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, December 20 by Keefe Bruyette & Woods. The firm has “Buy” rating by BTIG Research given on Monday, February 5.

Assured Guaranty Ltd. (NYSE:AGO) Ratings Chart

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